Global Marketeers Club

  • Home
  • Global Marketeers Club

Global Marketeers Club Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Global Marketeers Club, Media/News Company, .

What to Do If ICE Raids Your Business: A Step-by-Step GuideIt’s important for entrepreneurs to understand their rights a...
10/06/2025

What to Do If ICE Raids Your Business: A
Step-by-Step GuideIt’s important for
entrepreneurs to understand their rights and
how to navigate an immigration raid should ICE
ever pay them a visit.

President Trump has begun to fulfill his
campaign promise to carry out the largest mass
deportation in American history. In the first
week of his second term, he signed a deluge of
executive orders targeting immigration.
Collectively, the measures inject even more
uncertainty into the business landscape,
leaving some founders unsure how to navigate.

Raids conducted by the U.S. Immigration and
Customs Enforcement have reportedly already
begun. Undocumented workers employed at a fish
market in Newark, New Jersey, were detained in
an ICE raid last Friday.

“ICE has the authority to lie to people,” says
Veronica Cardenas, a former ICE prosecutor who
now is the founder of Humanigration, a firm
that provides information on immigration. “ICE
could tell the employer, ‘Oh, I’m here because
I’m just looking for this one person. Can we
look to see if this person’s in here?’ And
then they can get consent.” And with that,
they can freely enter your business.

Here’s what immigration attorneys advise,
should ICE come knocking.

Before a Raid
Every business owner should audit their
employee records for the possibility of a
raid, according to Constance Wannamaker, an
immigration attorney and founder of C.R.
Wannamaker Law.

“The reality is if you have a lot of
employees, you will likely not know whether
some of the documentation you receive from
your employees is valid,” Wannamaker explains.
“If you think you have employees that may be
subject to ICE enforcement, [you could] give
them information to help them protect
themselves, if you’re inclined to do so.”

Wannamaker shares that those rights include
staying silent during an ICE raid. Workers
don’t need to speak with agents, even if
agents ask questions.

“They should never admit they were not born in
the U.S.,” Wannamaker says. “They should never
say their citizenship. They should only say
their name and that they want to speak to an
attorney.”

She also recommends that working parents give
a neighbor power of attorney in the event that
they are detained. In that instance, that
would allow whomever has power of attorney to
take care of a detainee’s children in their
absence.

During a Raid
If ICE pays your business a visit, you should
ask the agents to present a warrant. If
they’re unable to do so, then you don’t have
to let them enter the premises.

In the instance that agents do produce a
warrant, make sure to examine it to see if
there’s a signature. If there’s no signature
from a judge, then you don’t have to let them
into your business.

A scenario that could play out: If ICE agents
present what’s known as an ICE warrant, look
closely, suggests Wannamaker. “ICE warrants
are not the same as a judicial warrant,” she
says. “So if a warrant for arrest or to pick
up someone is presented by an ICE officer,
it’s usually an administrative order signed by
some official, but not a judge, which means
that you don’t have to comply with it.”

You should also connect with your lawyer right
away, suggests Wannamaker. Have them “on speed
dial,” she advises. That way you can “make
sure that you have somebody that can come down
right away.”

Immigration law firm Grossman Young Hammond
recommends taking a picture of the warrant to
have key information on hand, like the names
of ICE agents and the attorney assigned to the
case. This way, you can also send a copy of
the warrant to your attorney.

Also make sure to understand the scope of the
warrant. Warrants are supposed to be specific,
delineating why ICE is there, what they intend
to search, the search location, and so on.

During a raid, it’s also advised to have a
company official accompany the ICE agent. And
if any company property is seized by agents
during a search, ask for a list of those items
to keep for your records.

After a Raid
Again, it’ll come back to working with an
attorney, but post-raid exposure to businesses
usually encompass potential penalties if they
are found to have employed undocumented
workers. Fines can range from hundreds of
dollars to tens of thousands, depending on how
many times a company has been fined for
employing an undocumented worker. But
according to Cardenas, fines can also be
negotiated.

“The fine will be dependent upon what they
find out, but there are usually fines,” she
says. “But there is a way you know to
negotiate fines after the fact, so it’s good
to have a lawyer that specializes in this type
of work.”

Steal This Idea: How Walmart Uses Cross-Docking to Save Billions of Dollars a YearCross-docking is a simple concept you ...
31/05/2025

Steal This Idea: How Walmart Uses Cross-Docking to Save Billions of Dollars a YearCross-docking is a simple concept you can apply to your professional and personal life.

In college, I worked in a wallpaper warehouse. We unloaded trucks, put bulk product in racks, pulled customer orders.

One day we realized we sometimes handled the same cartons twice in the same day: first from an incoming truck, and then to ship to customers. We started checking that day’s batch of orders as soon as they arrived to see if we could move product straight from an incoming truck to the shipping area. Our supervisor hated the thought we were shipping “new” product instead of “old,” but since wallpaper doesn’t age, we countered that LIFO (last in, first out) was irrelevant.

I know: hardly a stunning revelation, much less a transformative process improvement for a small operation.

But what if your warehouse processes truckloads of incoming and outgoing product a day?

Enterprise Cross-Docking
Like, say, Walmart. The average Walmart distribution center ships more than 200 trailers each day to approximately 100 stores. That’s a lot of incoming and outgoing product, and could require a tremendous amount of storage space.

But not as much as it might, since Walmart is a leader in the process of cross-docking. In simple terms, cross-docking involves immediately transferring incoming product from suppliers directly to outbound trucks for stores.

Cross-dock well and product won’t need to be handled twice, which lowers labor costs. Nor will it need to be placed in storage, which reduces facility space demands and lowers inventory holding costs. Faster turnarounds also means stores are less likely to run out of high-demand items.

Add it all up, and one industry analyst says cross-docking can reduce supply chain costs by approximately 6 percent. While Walmart doesn’t publish exact figures, given its scale and massive investments in technology, it seems sensible to assume savings of at least 6 percent.

And since last year Walmart’s annual revenue topped $640 billion, my napkin math says cross-docking likely saves Walmart well over $30 billion a year.

Personal Cross-Docking
At the enterprise level, cross-docking is designed to eliminate unnecessary storage and delays. In manufacturing terms, it’s a blend of leveraging JIT (just-in-time) and reducing WIP (work in process.)

But you can also use cross-docking in your business. The key is to think about ways to eliminate unnecessary “storage” or delays in how you handle certain items or tasks.

Take email. Read an email, and put it aside for later? That’s the opposite of cross-docking: You received and stored it. The best time to handle an email is when you open it — or wait until you know you have time to respond to emails to actually open them. (Unlike product, emails don’t have to sit on trucks.)

The same is true for meetings. Instead of waiting until later to assign tasks and responsibilities, do it during the meeting. That way those assigned can ask questions or seek clarification in the moment, which also promotes cross-docking.

And here’s my favorite cross-docking strategy. Instead of making multiple decisions, make just one: Decide who should make certain decisions, and then empower those people to make those decisions. (Hint: The right person is almost always further down the org chart than you think.)

Because while cross-docking can save you significant time, not having to “receive” and “distribute” information or decisions saves you the most time.

Gen-Z Trusts Social Media for Financial Advice More Than Any Other GenerationMost Gen-Zers have been influenced by an on...
20/05/2025

Gen-Z Trusts Social Media for Financial Advice
More Than Any Other GenerationMost Gen-Zers
have been influenced by an online financial
trend, a recent Spruce survey says.

Influencers and viral social media trends
aren’t just shaping Gen-Z’s fashion choices.
They’re also impacting the generation’s
financial habits.

Nearly 70 percent of Gen-Zers admit to being
influenced by a financial trend they
discovered online, according to a recent
survey of 2,200 American adults by H&R Block’s
banking app Spruce. Only 51 percent of
Millennials and 27 percent of Gen-X
respondents said the same.

One-third of Gen-Zers take this even further,
looking to social media for financial
education, Spruce says. Another survey by
Charles Schwab estimates an even higher
number; 72 percent of Gen-Z respondents said
they go to social media and the internet for
financial advice, compared with 57 percent of
Millennials and 38 percent of Gen-X.

“Social media can be a great starting point
for inspiration and ideas, but it’s also
important to complement that information with
personal research or input from a financial
expert,” John Thompson, vice president of
Spruce, said to Inc. over email. “By doing so,
individuals can make confident and well-
informed decisions alongside the insights they
pick up online.”

TikTok is the most popular social media
platform for financial information, according
to the Spruce survey, followed by Instagram,
Facebook, and podcasts.

Although they turn to the platforms for
advice, younger generations seem to be well
aware that investment advice shared online
needs to be fact-checked. In the Schwab study,
Gen-Zers graded social media platforms as the
least trustworthy sources of financial
information.

Still, they trust these sources much more than
older generations. About 32 percent of Gen-Z
respondents graded TikTok as trustworthy,
compared with 13 percent of Gen-X.

The Problem With Executive Wordsmithing It’s often obsessive, ego-driven changes that slow progress, demoralize teams, a...
13/05/2025

The Problem With Executive Wordsmithing It’s
often obsessive, ego-driven changes that slow
progress, demoralize teams, and derail
momentum.

In many organizations, the final approval of
key messaging, strategic communications, and
even product copy rests with executive
leadership. While leaders should be involved
in setting tone and direction, some cross the
line into relentless wordsmithing—an
obsessive, often ego-driven tweaking of
language that slows progress, demoralizes
teams, and derails momentum.

At first glance, a leader’s desire for
polished communication might seem admirable.
After all, clarity and consistency are
important. However, when leaders insist on
inserting themselves into every paragraph,
rewriting entire decks, or nitpicking language
to reflect their voice instead of the
company’s, it sends a troubling message: “My
preferences matter more than progress.”

The effects of executives overreaching
This behavior stifles innovation and speed.
Teams become paralyzed, constantly second-
guessing their work and anticipating yet
another round of edits. Decision-making grinds
to a halt as drafts languish in inboxes,
waiting for the executive stamp of approval.
More dangerously, it creates a culture of fear
that makes employees stop taking ownership and
start playing it safe—crafting bland,
uncontroversial copy that’s “executive-proof”
rather than impactful.

The downstream effect? A loss of momentum.
Creative energy gets drained. Deadlines slip.
Talented communicators become disengaged. And
instead of being the strategic engine of
change, communication becomes a bureaucratic
bottleneck.

How to stop micromanaging in company
communciations
So how do you stop it? First, set clear
decision rights. Not every piece of copy needs
to go to the C-suite. Empower competent teams
with the autonomy to produce without executive
micromanagement. Define what truly requires
top-level input—think investor letters, crisis
comms, or M&A announcements—and let go of the
rest.

Second, establish messaging guidelines. When
there’s a well-articulated tone of voice,
vocabulary, and strategic positioning, leaders
can trust that the output aligns with the
brand—without needing to rewrite it
themselves.

Third, coach executives to shift their mindset
from editor to enabler. Their role is to
champion the message, not control the syntax.
If something isn’t resonating, then they
should ask questions to guide rather than
dictate. “What are we really trying to say
here?” is more helpful than “Change this word
to something punchier.”

Ultimately, effective leadership isn’t about
having the last word. It’s about creating
space for others to speak clearly,
confidently, and with speed. Relentless
wordsmithing may feel like polishing, but it’s
often just sanding off momentum. Let your
teams run. The results will speak louder than
any rewritten sentence.

The Newark Airport Snafu Teaches an Essential Lesson in Avoiding Staffing Problems Keeping enough skilled staff on your ...
06/05/2025

The Newark Airport Snafu Teaches an Essential
Lesson in Avoiding Staffing Problems Keeping
enough skilled staff on your team to cover
complex, layered shift work is a challenging
for any business. When it goes wrong sending
airliners through the sky, it can affect
thousands of people.

The shortage of expert air traffic controllers
in the U.S. is a years-long problem—but the
week of cancellations at Newark Liberty
International Airport brought the issue into
the spotlight once again as thousands of
travelers were stranded and hundreds of
flights were delayed or canceled.

For what CNN called an “unparalleled” seventh
day in a row, one of the busier airports in
the U.S. has experienced major delays caused
by a lack of staff. The delays reached an
average of almost four hours on Sunday
evening. The controller shortage was a big
part of the mix, it seems, but there were
other contributing factors. Last week Newark
controllers staged their own walkout, and one
runway at the airport was closed for
rehabilitation work.

Beyond the chance that you or business was
directly affected by the logjam at Newark,
there are lessons for entrepreneurs,
particularly if you employ people with
specialized technical knowledge and difficult
work schedules. As writer and coach Bruna
Martinezzi noted, hiring smart people is
critical for organizations: “Hire people who
are smarter than you are, whose talents
surpass yours, and give them opportunities for
growth. It is the smart thing to do, and it is
a sign of high personal humility.”

To pick apart the crisis at Newark and within
aviation in general, it’s important to
understand how important the shortage of air
traffic controllers is to travel safety and
logistics nationwide. The important work of
controllers came into sharp focus in January,
when a collision between a military helicopter
and a regional jet in Washington D.C. killed
all 67 passengers and flight crew members.
Federal Aviation Administration officials
admitted that controller staffing wasn’t
“normal” at the time of the incident.

At Newark, outdated equipment also played a
role. Secretary of Transportation Sean Duffy
told the network that some of the issues
stemmed from an “incredibly old” suite of
hardware: “We use floppy disks. We use copper
wires,” he said in a statement, adding “the
system that we’re using is not effective to
control the traffic that we have in the
airspace today.”

United Airlines CEO Scott Kirby had to issue
his own statement addressing the situation. In
the statement Kirby acknowledged that the
control facilities at Newark had suffered from
chronic understaffing, and this has been the
case “for years.” United has been “vocal about
the need to fix the Air Traffic Control
system” at the airport, the statement said,
noting that while the airline does
“enthusiastically support the efforts underway
to permanently and structurally fix the FAA,”
the real issue is the “long-simmering FAA
challenges” which “boiled over this week.”

Numerous fixes have been proposed to address
air traffic controller shortages, though some
short-term fixes have faced criticism and
largely gone nowhere, prompting the FAA’s
brand new plan to offer $10,000 incentives to
attract new workers. Even Elon Musk has spoken
up on the matter, proposing that the entire
industry needs a technological overhaul—an
idea that riled up experts who think quick
tech fixes aren’t a good idea. Duffy seems to
disagree, though, and in February signaled he
supported Musk’s ideas, revealing “Big News”
in an X post saying he’d “talked to the DOGE
team.” They are going to “plug in to help
upgrade our aviation system.”

Whether or not Musk’s and Duffy’s idea will go
down well with the industry itself is unclear:
back in 2019 the National Air Traffic
Controllers Association actually sued
President Donald Trump during his first
administration, targeting him and other
government officers in their official roles
for the hardships they’d endured due to a
government shutdown. “In addition to working
their regular hours without pay, since
December 22, 2018, and continuing, plaintiffs
and those similarly situated to them have
worked hours in excess of the overtime
threshold without any payment for the overtime
hours,” the case said.

Musk also triggered the ire of industry
experts and lawmakers recently when he fired
numerous FAA staff under the auspices of his
DOGE efficiency drive. “There is widespread,
bipartisan agreement that our National
Airspace System must be improved, but the
Trump Administration’s indiscriminate
termination of FAA personnel raises safety
risks instead of advancing needed reform,”
Sen. Richard Blumenthal (D-Conn) said in a
February letter.

Why should you care about this?

The obvious reason is that endemic system
failures in managing and controlling U.S.
commercial flights might actually delay your
own business travel. Secondly, the complex
controller staffing crisis is a reminder that
if your own company relies on niche expertise
among your workforce, then you need to have
long-term plans in place to ensure that your
workers remain happy in their jobs, are
adequately paid, and that you’re attracting
the right kind of new talent to join your
team. To keep your staff expertise levels up,
and avoid the kind of staffing crunch that hit
Newark’s operations last week, you may need to
think of training and hardware upgrades as a
continuous process—not a one-off “fix.”

Buy Now, Pay Later Apps Are Everywhere, but Watch Out for the Pitfalls Lower margins and customer disputes can accompany...
29/04/2025

Buy Now, Pay Later Apps Are Everywhere, but
Watch Out for the Pitfalls Lower margins and
customer disputes can accompany installment
plans from BNPL companies such as Affirm,
Klarna, and others.

For John Williamson, co-founder and CEO of the
custom song platform Songfinch, the appeal of
Buy Now, Pay Later apps has been starting to
wear thin.

Songfinch customers looking to commission an
original ballad for a friend or romantic
partner are currently able to use two of the
biggest BNPL services on the market—Klarna and
Affirm—to split their final bill into multiple
payments spread out over time. That is to say:
they can buy their Songfinch song now but pay
for it later, over the next few weeks.

Williamson once hoped that offering this
payment plan, as many online retailers have
started doing, would open up a new tranche of
customers who wouldn’t otherwise shop with
him; he envisioned a 25 percent pop in
conversion rates.

Instead, he tells Inc., on the 15 percent of
his sales that he estimates are financed this
way, he’s paying around a 6 percent fee on
each transaction—double his normal processing
fee—without knowing whether it’s actually
growing his customer base.

“Are people just using Klarna and Affirm
because it’s easy and they have accounts set
up?” he wonders. “Are we getting sales that we
wouldn’t get without that service, or are
people that were already going to purchase …
just utilizing that, essentially changing a 3
percent transaction to a 6 percent transaction
and eating into [our] already thin margin?”

It’s the sort of question that startups and
small businesses might increasingly confront
as these payment plans become more and more
mainstream. Installment plans are no modern
invention, but the rise of e-commerce has made
it easier than ever to integrate them directly
into online shopping, and a host of fintech
companies have stepped in to do just that: not
only Klarna and Affirm (which works with
Shopify) but also Afterpay, Zip and Sezzle as
well big-name mainstays such as PayPal and,
until recently, Apple.

The sector has gotten big enough that Klarna
is now planning to go public—although the
tariffs-related market downturn has now led
the company to put those plans on hold. The
BNPL powerhouse also recently made news for an
integration with DoorDash that, as some
skeptics cheekily noted, will let customers
finance their burritos in four easy payments.

In a report published this January, the
Consumer Financial Protection Bureau estimated
that in 2022, the year with the most recent
available data, there were 277 million
American BNPL loans across six different BNPL
lenders, worth a total of about $34 billion.

The same report found that borrowers with
subprime or deep subprime credit scores made
up the majority of BNPL loan originations—and
indeed, there has been substantial concern
about whether these payment models put
consumers at unnecessary risk. Less prevalent,
however, has been the discussion of what the
rise of BNPL means for businesses.

“For sure it’s impacting margins,” says
Songfinch’s Williamson. “During holiday
windows, it probably works as intended for us.
It’s during evergreen periods where it’s hit
and miss.”

What would be great, he adds, is the ability
to micro-target BNPL toward customers who
wouldn’t otherwise make a purchase. He says
that Affirm and Klarna currently offer some
limited tools to that effect, such as
requiring a minimum cart size at check-out,
but he wants more fine-tuning and dynamic
targeting.

“I’m clearly not anti-buy now, pay later,” he
says. (He still lets customers use it, after
all.) “I just think that they need to offer
more tools in the future to be able to achieve
some of these goals that they’re pitching.”

Research does suggest that BNPL may increase
sales: one recent study in the Journal of
Marketing found that these installment plans
led to an increase in both the number and
value of purchases, especially by alleviating
“perceived financial constraints” and
“facilitating budget control.”

However, the same researchers caution that
their findings also suggest that the increased
spending is mostly “from consumers who are
financially constrained and rely on credit
cards,” such that it’s important “to be
cautious about who to offer BNPL schemes to.”

A Klarna spokesperson tells Inc. that merchant
fees are “broadly in line with the cost of
processing a credit card,” pointing to a
recent study by the payment processor Stripe
which found that offering BNPL increased
revenue by up to 14 percent and that “more
than two-thirds of BNPL volume came from net-
new sales.” The spokesperson adds that Klarna
offers merchants “a range of tools” to connect
them with customers.

Meanwhile, Affirm’s chief revenue officer said
in a blog post last month that the company’s
partners reported a 70 percent increase in
average cart sizes last year, with “nearly 30
percent fewer abandoned carts compared to
other BNPL providers.” The company’s president
has also previously said that their
underwriting engine tailors payment plans to
each customer, giving consumers more
purchasing power and retailers more growth
opportunities.

James Langer, the co-founder and CEO of the
air filter manufacturer Serionix, pointed to
another issue he’s run into with BNPL
services: customers not knowing what they’re
signing up for.

“Overall it has been a fine experience, but we
have had issues come up on multiple occasions
particularly related to customer confusion
regarding the charges,” he says of his Shopify
BNPL integration. “Several customers have
reached out to us about bank charges they
don’t recognize or weren’t expecting, and
initially it was difficult for us to track
down why these customers were seeing charges
months after their product order.”

There also lies some risk in reminding
customers of their purchases over and over
again, Langer says. He thinks brands should
ask themselves: “How will my customer feel
being reminded of their purchase with charges
every 1/2/3 months, and are we prepared to
respond if their initial enthusiasm fades?”

Sangwook Park—co-founder and CEO of the
tooth-whitening brand Laughland Sciences—says
that customer disputes do seem to be more
common among customers who use BNPL at check-
out.

“We haven’t had much difficulty with the
service, but we have noticed higher sales
disputes when they checkout,” adds Park, whose
company offers Afterpay.

A spokesperson for Afterpay said that there is
minimal risk to its retail clients, as the
fintech company pays companies upfront for
purchases made through its service and takes
on the risk of chargebacks and fraud. The
platform generally increases merchant sales,
the spokesperson added.

The team at kid-safe phone company Gabb
Wireless, meanwhile, explored a BNPL service
three years ago, but found it to be costly and
tough to implement.

“Our first solution ended up being more of a
distraction than something that improved
conversion,” recalls vice president of
infrastructure Jarid Love. After about six
months, Gabb stopped using it–although they’ve
since implemented their own solution.

Best Side Hustles for Passive Income Here are some ideas on how to earn passive income while you keep your day job or sp...
22/04/2025

Best Side Hustles for Passive Income Here are some ideas on how to earn passive income while you keep your day job or spend your time on other things.

Making money without having to work too hard at it is a pretty common dream. It’s important to remember, though, that it is a dream.

Generating passive income actually takes a fair bit of effort. But if you’re smart and a little bit lucky, it doesn’t have to take as much time as your day-to-day job. Earning regular cash flow from passive projects is possible, but regardless of what side hustle you choose, you’re going to need to put in some work (and sometimes capital) up front. And you should be prepared to adapt if things don’t go your way right away.

“If you’re not riding the wave of a trend, it’s going to be a lot harder,” says Rachel Jimenez, an entrepreneur whose side hustle earns her $10,000 per month and who runs Money Hacking Mama, a blog focused on helping women find passive income resources. “When you first start and stumble, it might not work out. And if you just give up and never try again, you’re destined to fail. But if you keep putting yourself out there, every failure you have will teach you something if you allow it to. Eventually, all those learnings will line up and you’ll have an aha! moment.”

Why Elon Musk’s DOGE Savings Goal Fell From $2 Trillion to a Much Smaller Figure Before he formally joined Donald Trump’...
15/04/2025

Why Elon Musk’s DOGE Savings Goal Fell From $2 Trillion to a Much Smaller Figure

Before he formally joined Donald Trump’s administration, Elon Musk made some bold claims about the amount he could save the U.S. government through cuts to wasteful and fraudulent spending. The longer he spends in the White House, though, the smaller that number is seemingly getting.

Musk initially said he could save $2 trillion with cuts made by the Department of Government Efficiency. In March, he walked that back, saying his target was $1 trillion “unless we’re stopped.” At a cabinet meeting Thursday, however, Musk told Trump and other cabinet officials that DOGE expected to cut $150 billion from the federal budget over the 2026 fiscal year, which runs from October 2025 through September of 2026—months after DOGE is scheduled to be disbanded.

“I’m excited to announce that we anticipate savings in ’26 from reduction of waste and fraud by $150 billion,” Musk told Trump in the meeting.

It’s unclear if Musk simply misspoke, perhaps meaning to claim DOGE had found $150 billion in savings so far (the number that’s currently reflected on the team’s website) or if he was actually lowering the estimated grand total.

An unnamed White House official told The New York Times that $1 trillion in savings was still “the goal” of DOGE, but did not elaborate further. (It did not respond to a request for comment from Inc.)

If Musk has, in fact, lowered the savings target for DOGE, it could be because the department’s savings claims have come into question. In February, for example, The New York Times reported that one claim of an $8 billion savings was, in reality, only an $8 million expense. Many other claims made by DOGE lack documentation. The unit, at one point, claimed credit for eliminating programs that actually ended under President George W. Bush.

An independent tool, the Musk Watch DOGE Tracker, which seeks to verify exactly how much Musk’s team has saved so far, has a much lower estimated total for the department. Noting that DOGE has itemized less than two-thirds of the cuts it claims to have made, the tracker says there have only been $11.7 billion in savings it was able to verify.

Musk, of course, has a history of making big promises when it comes to his businesses. In 2019, he said, “I feel very confident predicting autonomous robotaxis for Tesla next year.” Those have yet to hit the streets. And in 2013, he talked of the Hyperloop, a transportation system that transport passengers at over 700 mph. It remains vaporware.

Musk’s stated $150 billion in DOGE savings may also eliminate any possibility of a “DOGE Dividend” check being sent to taxpayers. That proposal, which was originally floated by James Fishback, CEO and co-founder of investment firm Azoria, was talked up by both Musk and Trump, who called DOGE stimulus checks a “great idea.”

The checks, which Fishback estimated could be as much as $5,000, were based on Musk’s original $2 trillion estimate, however. Should DOGE eliminate just $150 billion in spending and, using the calculations that resulted in that estimate, that would result in an average check of just $379.

The lower number also comes as House Republicans approved Trump’s budget proposal this week, which includes tax cuts and border security enhancements, with a goal to find another $1.5 trillion in spending cuts.

Despite DOGE’s lower estimates, Musk remained upbeat, praising the work of the DOGE team and the cabinet.

“I think we’re doing a lot of good, and in excellent collaboration with the cabinet, to achieve these savings,” Musk said Thursday. “And it will actually result in better services for the American people. And then we’re going to be spending their tax dollars in a way that is sensible and fair and good.”

Address


Website

Alerts

Be the first to know and let us send you an email when Global Marketeers Club posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

  • Address
  • Alerts
  • Claim ownership or report listing
  • Want your business to be the top-listed Media Company?

Share